U.S. stock futures fell in the Asian morning session as non-farm payroll week coincides with Trump's reciprocal tariffs.

Jin10 data March 31 - On Monday morning, S&P 500 and Nasdaq 100 futures fell more than 0.5%. More fluctuations may occur this week as Trump is set to announce reciprocal tariffs on Wednesday. Chris Weston, head of research at Pepperstone, stated: "The market is now completely influenced by the upcoming wave of tariff-related headlines, while being highly sensitive to any economic data that indicates a slowdown in economic activity and rising inflation expectations. Risk assets will further decline at the beginning of this week, and cross-asset volatility will rise." Barclays strategists led by Themistoklis Fiotakis wrote in a note to clients: "Despite growing concerns about the softness of U.S. soft data, hard data has been performing better. This makes the job vacancies and US Non-farm Payrolls (NFP) data to be released this week particularly important in assessing the potential damage of tariff uncertainty on the U.S. economy."